Jack Dorsey, CEO of Twitter and Bitcoin fan, is investing in Coinlist
Jack Dorsey, CEO of Twitter and Bitcoin fan, is investing in Coinlist.
Coinlist is a platform that helps crypto projects and startups launch their ICOs and find financing.
Headquartered in San Francisco, the company has just raised $10 million from various investors including Jack Dorsey, the CEO of Twitter, as revealed by the Wall Street Journal.
Known to be a fan and fervent defender of the Bitcoin Cryptocurrency, which he claims to buy BTC regularly, Jack Dorsey attracts attention when he invests or talks about a crypto project in particular.
In this case, he invested in Coinlist, an ICO platform that intends to engage in the crypto exchange activity “CoinList Trade” and create a crypto wallet.
The CEO of Twitter who tells the Wall Street Journal:
“Cryptos need a reliable platform to launch new projects. CoinList is leading the industry in this role, and trading is a logical step in the next step.”
Coinlist started in 2017, at the heyday of the ICO who are today the target of the SEC with many lawsuits like KIK, EOS which was fined $27 million or Telegram which is being prosecuted for its GRAM ICO.
Focusing crypto trading business therefore makes sense and having Twitter’s CEO, Jack Dorsey, as an investor should draw attention to this crypto company.
Crypto projects like Blockstack, Algorand, Filecoin and Dfinity used the services of Coinlist to launch their ICO.